Press release
Cable Blowing Equipment Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
The cable blowing equipment market is projected to grow from USD 108 million in 2023 and is projected to reach USD 136 million by 2028; it is expected to grow at a CAGR of 4.7% from 2023 to 2028.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=84541246
The growth of the cable blowing equipment market is driven by the emergence and rapid adoption of 5G technology, the rise in demand for throughput and reliable internet connectivity, and the expansion of telecommunications infrastructure in emerging economies.
Optical fiber technology is a type of internet connection that uses fiber optic cables to transmit data. Data is turned into light signals within the fiber optic cables, which flow via thin glass wires within the larger protective cable. The fact that data is transferred in this manner (through light signals) is what makes fiber-optic internet significantly fast. It is one of the fastest internet alternatives available. FTTx is utilized to drive next-gen access by providing a large upgrade to the broadband network, considerably increasing the service's speed and quality. FTTx network architecture is widely used for last-mile connections. The network is spread out from the end-home (FTTH) users to the carrier's network edge (FTTN). It can provide businesses across the world with faster and better connectivity. FTTx has several advantages in terms of speed and capacity, which is why traditional copper-based networks are being phased out in favor of FTTx. Higher transmission speeds and lower energy use are further advantages. FTTx brings fiber closer to the end customer. This allows for the most up-to-date building, connecting, and transmission techniques to be used. Additionally, fiber enables bandwidth to be increased or lowered almost instantly, which is advantageous for enterprises whose needs are likely to vary frequently. Thus, optical fiber is gaining a lot of traction in the telecommunications sector, and the market is gradually shifting toward fiber cables from DSL. This, in turn, is expected to influence the adoption of cable installation equipment such as cable blowing equipment.
The market for hydraulically powered segment is expected to grow at a significant rate during the forecast period. Hydraulically powered cable blowing equipment is designed to deliver maximum performance and functionality and have a rugged machine design for reliable performance in tough environments. They offer increased power for cables of larger diameters and multiple ducts and microducts. A few important components of a hydraulically driven cable blower are hydraulic power packs, control valves, hydraulic hoses, and high-pressure air compressors. The hydraulically powered cable blowing equipment segment offers robust and high-power solutions for cable installation. Known for their strength and reliability, hydraulic systems excel in handling heavy-duty applications. Industries requiring substantial force and consistent performance favor hydraulic equipment. Owing to their high-end performance, hydraulic cable blowing machines are cost-intensive compared to other cable blowers, resulting in their lesser market share in the overall market. Moreover, hydraulically powered cable blowing equipment is preferred for large-diameter cable sizes, further supporting the segment growth.
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In terms of geographic coverage, the cable blowing equipment market has been segmented into four regions, namely, North America, Europe, Asia Pacific and the Rest of the World (RoW). Europe is expected to hold high market share during the forecast period. The increasing adoption of connected and IoT devices and increasing investments in infrastructure development to support 5G technology and data center applications drive the growth of the cable blowing equipment market in Europe. According to the FTTH Council Europe, the total number of houses passed with FTTH and Fiber to the Building (FTTB) in the EU39 reached about 219 million in September 2022, compared to nearly 198 million in September 2021. This deployment supports the cable blowing equipment market across the region.
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